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Event Date |
Wed Apr 17 PDT (8 months ago)
In your timezone (EST): Wed Apr 17 3:00am - Wed Apr 17 3:00am |
Location | Virtual |
Region | Americas |
Nuclear energy is considered a safer and more effective way to reduce carbon emissions and is more cost-effective than fossil fuels such as coal and gas during the global transition to new energy sources this year.
The base demand for uranium will continue to outpace the combined existing production, as many companies cut output entirely when uranium prices were lower, and restarting production isn't quick. Forecasts project a persistent supply-demand imbalance for uranium, with an anticipated cumulative gap of approximately 680,000 metric tons by 2040. The uranium market outlook for 2024 is extremely bullish, and nuclear reactor construction is continuing at a strong pace globally. Countries like China, India, and others are looking to rapidly expand their nuclear capacity to fuel economic growth and reduce greenhouse gas emissions.
The rising momentum of uranium last year was already very strong, and the trend in 2024 will either continue or usher in a bigger bull market. As the world accelerates the pace of new energy transformation and the gap between supply and demand expands, investors will find many potentially valuable investment opportunities in this year's uranium market. Therefore, it is a wise decision to pay attention to uranium-related market dynamics and understand basic knowledge.
This event is suitable for the following:
Individual investors, private client brokers, financial institutions, buy & sell side analysts and journalists, Business and Economics major students.